Weekly Price Recap: 7/28 – 8/03

Our members had a much higher than usual rate last week and still did not did above the Texas average! Our members paid 11.4 c/kWh, a few ticks below the Texas average of 11.6c/kWh.

We had 3 sustained price spikes across the state this week. All of them were caused by extremely high system-wide demand over 70,000 MW – the all-time record is 73,300 MW. Unfortunately, that high demand also came during times of sporadic wind generation, so as the windmills slowed down, prices jumped up

Share Post

Facebook Twitter LinkedIn Email

Learning Center